Author: doingbus - page 102

EV Growth Expected to Continue

A recent report released by BloombergNEF called the “Zero-Emission Vehicles Factbook” worldwide momentum toward zero-emission vehicles has grown substantially since 2019.   In 2019, Electric Vehicle (EV) sales were 2.1 million. In 2020, that number rose to 3.1 million, and in 2021, they are projected toward roughly 5.6 million. 7.2 percent of global new car sales..

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Electrical Component Industry Shortages

By now, you’ve undoubtedly heard about the global supply shortages affecting nearly all industries. From vehicle manufacturing to computer components, nearly every business involved in overseas production has been affected. The sudden rise in consumer electronics created a demand that the electronics supply chain couldn’t handle during the beginning of the pandemic. Due to worldwide..

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